Liquor Store Business For Sale in Centerville Minnesota

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Liquor Store - Located In Retail Center

Location:Centerville, Minnesota

Category:LIQUOR STORE

Asking Price:$85,000

  • Sales revenue : $350,000
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Liquor Store - Located In Retail Center
  • Liquor Store - Located In Retail Center
  • Liquor Store - Located In Retail Center
  • Liquor Store - Located In Retail Center
  • Liquor Store - Located In Retail Center

Business description

This independent liquor store is in a retail center located at the intersection of Main Street & 20th Avenue S in Centerville, MN. The retail center is attractive, accessible and busy. Other tenants are a bar/restaurant & a branded gas station/convenience store which draw a lot of customers who also make purchases at the liquor store. This liquor store has a loyal customer base, and it does not compete against any “big box” liquor stores in the area.

This liquor store has considerable upside potential through marketing and establishing an internet presence. This is an excellent opportunity for an owner/operator, or for an owner of multiple small liquor stores interested in increasing total sales and buying power.

Special Features:

  • The liquor store is 1,400 SF. It has an 8-door walk-in cooler, a 3-door stand-alone cooler, three 1-door stand-alone coolers, a 2-door stand-alone cooler, and an ice cooler
  • The store has a security system with four cameras and a digital video recorder. There is also an alarm system that is connected to a security service.
  • The store has a Quickbooks point of sale system that is about five years old.
  • The current lease expires on May 31, 2021. Under this lease the base monthly rent is fixed at $2,100/month until the lease expires. Additional charges for operating expenses may only occur if such expenses exceed $4.00/SF. Additional charges for operating expenses have not been charged previously.
  • The liquor store does not sell lottery tickets, and sells only a limited selection of tobacco products.
  • Price: $85,000 plus value of inventory at owner’s cost (Only the business, fixtures & equipment are for sale)

    Terms: Partial seller financing for highly creditworthy buyer is negotiable.

Other Information

  • Employees: Owner and one part time
  • Trading Hours: Monday – Friday: 10 AM to 10 PM; Saturday: 9 AM to 10 PM
Coldwell Banker Commercial Orion Real Estate
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